Buy a break above the upper trendline towards 112.248
Buy a break above the upper trendline towards 112.248 | 12 Tháng Năm 2021
12 Tháng Năm 2021, USD/JPY
Wave Analysis
The US Dollar is currently printing a flag formation on the daily chart. As it is now, we are expecting a possible breakout above the flag formation and should head straight to the upperside. The anticipated bullish price rally is the continuation of the impulsive wave (v) to the upperside and should break above 112.238and should break above 114.250 towards the upperside. And should the price fail to break above the upper trendline, then further momentum to the lowerside is expected withe the next ideal target set around 102.579 and may extend much lower towards 100.075.
Trade Recommendations:
Buy a break above the upper trendline towards 112.248
FreshForex gives traders a ready-to-use portfolio. The instruments are selected in such a way as to reduce overall risks and at the same time ensure a relatively high return.
This is the seventh portfolio developed by FreshForex specialists. Each of the previous six portfolios showed positive results, with a total return of 86.2%.
Trình duyệt của bạn không hỗ trợ cookie Nếu cookie đã bị vô hiệu trong trình duyệt Internet của bạn, bạn có thể gặp vấn đề với việc hiển thị Khu vực cá nhân. Cách bật hỗ trợ cookie .